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      Bloomberg – Bitcoin ETFs See Biggest Weekly Inflow in 10 Months During Rally

      Bitcoin’s sharp rally has renewed investor interest in spot Bitcoin ETFs. The 13 US-listed funds attracted a net $1.92 billion, their strongest weekly inflow in 10 months, as Bitcoin gained approximately 23%.

      QCP Senior Sales Trader Jayke Kyndrede sees the market as stretched but still well supported. While some consolidation or retracement would be unsurprising after such a rapid move, strong demand makes its timing and depth difficult to predict.

      The renewed inflows point to broader demand for Bitcoin, though the question remains whether this momentum can be sustained and develop into a new bull market.


      Source: QCP Broadcast
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